U.S. Treasurys close up after solid 30-year auction - Long-Term Interest Rates Tilting Downward

Published 08 February 07 03:27 PM | Clay & Kathie Kime 

MarketWatch Reports: 

NEW YORK (MarketWatch) - 30-Year Treasury prices closed higher Thursday, sending yields to 4-week lows, after a well-received auction of new 30-year bonds marked the third successful sale of Treasury instruments this week. The sales results were reassuring to investors concerned that demand for U.S. government instruments could have run dry following fairly heavy recent buying sprees.

Also the 10-year benchmark Treasury note closed up 3/32 at 99-6/32 with a yield of 4.728%.

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